BRIDGES WORLDWIDE PLC

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -63%

  £22,578,221 → £8,361,619

• Cash

  -64.9%

  £4,670,461 → £1,638,197

• Net assets

  -36.5%

  £5,954,461 → £3,778,859

• Employees

  -6.7%

  30 → 28

• Operating profit

  -105.5%

  £1,068,305 → -£58,735

• Profit before tax

  -90.6%

  £1,220,086 → £114,669

• Wages

  -3.9%

  £1,147,272 → £1,103,091

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. BRIDGES WORLDWIDE PLC 1990-01-22 → present
2. YEARJET LIMITED 1989-10-09 → 1990-01-22

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

Nunn Hayward LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Since the balance sheet date and up to the date of approval of these financial statements the group and company continue to experience challenging trading conditions. However, the directors believe that the group is well placed to withstand any potential fluctuations in demand for its services and is of the opinion that the group and company shall be able to continue as a going concern for the foreseeable future.”

Group structure

1. BRIDGES WORLDWIDE PLC · parent
   1. Bridges Worldwide (UK) Limited (formerly Express Handling Services Limited) 100% · United Kingdom · non-trading
   2. Bridges Worldwide GmbH 100% · Germany · International couriers
   3. Express Handling Services Limited (formerly Bridges Worldwide (UK) Limited) 100% · United Kingdom · International couriers & customer brokerage services

Significant events

• “In the second half of the financial year, the group commenced investment in and set up of a new e-commerce handling operational branch in Manchester operated within subsidiary undertaking, Express Handling Services Limited (formerly known as Bridges Worldwide (UK) Limited).”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

11

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.